Are you a knitter or crocheter? Chances are if you are not one, you probably know one. The announcement of widespread US tariffs last week is poised to have an outsize impact on this industry, due to how the global supply chain for wool works. I’m sharing a series of stories on how different areas of artisan craft are impacted by the US tariffs. I’m going to be gently exploring way through many different areas of craft. My goal with this series is to help share the complex realities of the global supply chain for many artisan businesses. These realities have been further complicated by the closure of Joann Fabric in the US, one of the large retailers of yarn.
In the first part of this article, I will review the industry. I will also explore what would be needed to truly rebuild the industry in the US. In the second part of the article, I will share perspectives on the tariffs for local yarn stores. The economic impact and effects are far larger than most people realize. Even if you are are not involved in the wool industry- you may find this interesting. Let’s dig in!
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